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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #81,981
  • May 18, 2008 8:25pm May 18, 2008 8:25pm
Quoting mktjong
Yeah .. I added a couple more shorts @204.05 and closed it seconds ago. I still have last Friday's shorts open .. ride this baby down to 199.xx .. hopefully ..
oo ..you early then me I short it @204.01 (50 lot), just lock my profit. major trend still downtrend, just a correction.
  • #81,982
  • May 18, 2008 8:28pm May 18, 2008 8:28pm
Quoting PandoraBox
oo ..you early then me I short it @204.01 (50 lot), just lock my profit. major trend still downtrend, just a correction.
Wow.. 50 lots? You're rich man ...
Please treat us some T-bone steaks ..
  • #81,983
  • Edited 9:06pm May 18, 2008 8:30pm | Edited 9:06pm
Short here also (3.93) with that nice bounce off M3 with tp of lower bb at 203ish
Attached Image
FUBAR...
  • #81,984
  • May 18, 2008 8:31pm May 18, 2008 8:31pm
Quoting mktjong
Wow.. 50 lots? You're rich man ...
Please treat us some T-bone steaks ..
pm me your account no. when I'm become the Billionaire, I will transfer 0.05% to your account
  • #81,985
  • May 18, 2008 8:32pm May 18, 2008 8:32pm
prolly safe to say MAYBE that can take todays open hr lo ti this last hi and project that 1-1.621 % for the range Maybe
"Millionaires don't use astrology, billionaires do"
  • #81,986
  • May 18, 2008 8:38pm May 18, 2008 8:38pm
Quoting PandoraBox
oo ..you early then me I short it @204.01 (50 lot), just lock my profit. major trend still downtrend, just a correction.
I originally set my Sell Limit at 204.20, but moved it down to 204.00 and am glad I did, because it never made it. I am just getting used to TL's so only in .01 lots.

Glad to see that I am on the same page as a few of you
"Keep your eyes on the helpers" - Mr. Rogers
  • #81,987
  • May 18, 2008 8:43pm May 18, 2008 8:43pm
Quoting damonl
I originally set my Sell Limit at 204.20, but moved it down to 204.00 and am glad I did, because it never made it. I am just getting used to TL's so only in .01 lots.

Glad to see that I am on the same page as a few of you
Put in a T/P at 201.30 as I think we may bounce off this level for some more pips. It has a few obstacles to overcome before reacing 199 level if it can.
"Keep your eyes on the helpers" - Mr. Rogers
  • #81,988
  • May 18, 2008 8:56pm May 18, 2008 8:56pm
Quoting damonl
Put in a T/P at 201.30 as I think we may bounce off this level for some more pips. It has a few obstacles to overcome before reacing 199 level if it can.
Just curious, but why did you pick that for your target? I don't disagree, it's actually a secondary level for me as well; but I was wondering where you got that level from.
Has what you wanted to see made you blind?
  • #81,989
  • Edited 9:21pm May 18, 2008 9:01pm | Edited 9:21pm
1hr/4hr chart looks bullish and price could head toward 204.40/45 (1st target) if 4hr gann hi/lo (204.10 area) is broken or if price closes above there - JMHO. . . Note, daily pivot is at 203.58 and R1 is @ 204.53. . . Also note that 203.50 has been a good pivot area for a while now. . .
  • #81,990
  • May 18, 2008 9:26pm May 18, 2008 9:26pm
Quoting quecee5
1hr/4hr chart looks bullish and price could head toward 204.40/45 (1st target) if 4hr gann hi/lo (204.10 area) is broken or if price closes above there - JMHO. . . Note, daily pivot is at 203.58 and R1 is @ 204.53. . . Also note that 203.50 has been a good pivot area for a while now. . .
I agree on the bullish looks.

I closed my shorts from last week for a small profit and went long at the open of this last 4H bar.

if this 4H bar closes above the 5sma (3 4H bars in a row) and keeps testing the 4H Gann, we're bound to make another run up to 205.30-206 area I think.
  • #81,991
  • May 18, 2008 9:32pm May 18, 2008 9:32pm
Quoting kujo17
I agree on the bullish looks.

I closed my shorts from last week for a small profit and went long at the open of this last 4H bar.

if this 4H bar closes above the 5sma (3 4H bars in a row) and keeps testing the 4H Gann, we're bound to make another run up to 205.30-206 area I think.
I agree with your points if price takes out the 55 EMA on the daily chart which is located at 204.50 area. Weekly R1 is ar'd 205.72 if it makes it up there which looks like it could become a reality since price is positioned slightly above daily gann hi/lo for now. . .
  • #81,992
  • May 18, 2008 9:35pm May 18, 2008 9:35pm
IMHO, 204.19 will contain the upside for now.. I think down a little bit more then up, but we'll see. 201.82 is my primary target, s.l. 204.68
Has what you wanted to see made you blind?
  • #81,993
  • May 18, 2008 9:37pm May 18, 2008 9:37pm
Quoting Dunkan
IMHO, 204.19 will contain the upside for now.. I think down a little bit more then up, but we'll see. 201.82 is my primary target, s.l. 204.68
Why 204.19 if u don't mind me asking? Btw, 204.60 area is a good SL target IMO.
  • #81,994
  • May 18, 2008 9:39pm May 18, 2008 9:39pm
Quoting kujo17
I agree on the bullish looks.

I closed my shorts from last week for a small profit and went long at the open of this last 4H bar.

if this 4H bar closes above the 5sma (3 4H bars in a row) and keeps testing the 4H Gann, we're bound to make another run up to 205.30-206 area I think.
Well, I might be wrong but I think London would re-test last Friday's low before going up .. It always likes to try shooting down the price as low as possible before buying it back ..hence too early to go long at this level ..
  • #81,995
  • May 18, 2008 9:39pm May 18, 2008 9:39pm
Q, welcome back buddy hope you had a good vaccation!
  • #81,996
  • May 18, 2008 9:41pm May 18, 2008 9:41pm
Quoting quecee5
Why 204.19 if u don't mind me asking? Btw, 204.60 area is a good SL target IMO.
It has been having a hard time breaking through the monthly central pivot at 204.09ish (depending on broker). It has been trying since Thursday evening without much success.

Just my observation.
  • #81,997
  • May 18, 2008 9:42pm May 18, 2008 9:42pm
Quoting vinesh2
Q, welcome back buddy hope you had a good vaccation!
Thxs V - it was very nice and I got plenty of R&R. . . How have you been bro? I hope trading has been good to u. . .
  • #81,998
  • May 18, 2008 9:43pm May 18, 2008 9:43pm
Quoting magnumfreak
It has been having a hard time breaking through the monthly central pivot at 204.09ish (depending on broker). It has been trying since Thursday evening without much success.

Just my observation.
Good point. . .
  • #81,999
  • May 18, 2008 9:44pm May 18, 2008 9:44pm
Trading has been decent met my last week's target so on track. Being conservative and practicing mostly. I am glad you are back we did miss you a lot in this forum
  • #82,000
  • May 18, 2008 9:47pm May 18, 2008 9:47pm
Quoting vinesh2
Trading has been decent met my last week's target so on track. Being conservative and practicing mostly. I am glad you are back we did miss you a lot in this forum
Thxs bro - I miss the forum as well and it's indeed good to be back in the swing of things. . . So let's get them green pips bro =
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